Solar Panel Cost Guide in Yosemite Lakes, CA (Mar 2023)
- Yosemite Lakes Solar Installation Cost: $5,752
- 25-Year Savings: $20,579
- Payback Period: 5.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Yosemite Lakes
We break down average solar pricing in Yosemite Lakes.
The average cost of a solar system in Yosemite Lakes is 2.73 per watt. Because a 3.0-kW system is needed to cover the energy usage of a typical home in Yosemite Lakes, the average price of going solar will be about $5,752 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Yosemite Lakes homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Yosemite Lakes can save about $33,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Yosemite Lakes for a quote for your home.
Solar savings over time in Yosemite Lakes
| Year | Return on Investment |
|---|---|
| 1 years | $-4,699 |
| 3 years | $-2,592 |
| 5 years | $-486 |
| 7 years | $1,621 |
| 9 years | $3,727 |
| 11 years | $5,834 |
| 13 years | $7,940 |
| 15 years | $10,046 |
| 17 years | $12,153 |
| 19 years | $14,259 |
| 21 years | $16,366 |
| 23 years | $18,472 |
| 25 years | $20,579 |
Top Solar Installers in Yosemite Lakes
When going solar, many homeowners decide to use a solar installation company since putting up a solar system yourself can be a challenging project. In addition, if you'd like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
If you're on the hunt for a solar installer in Yosemite Lakes, we've compiled a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Yosemite Lakes
Factors that Affect Solar Panel Costs in Yosemite Lakes
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Yosemite Lakes: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Yosemite Lakes, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by around $2,730 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Yosemite Lakes average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Yosemite Lakes homeowners decide to finance their solar panel systems to make paying for solar more affordable. Though solar loans make going solar more accessible for Yosemite Lakes homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Yosemite Lakes is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services for different budgets. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that offers the products, warranties and services you want and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.84 | $11,925 | $40,620 | 5.7 years |
| 8 kW | $2.78 | $15,594 | $54,465 | 5.6 years |
| 10 kW | $2.73 | $19,110 | $68,464 | 5.5 years |
| 12 kW | $2.68 | $22,473 | $82,615 | 5.3 years |
| 14 kW | $2.62 | $25,684 | $96,919 | 5.2 years |
| 16 kW | $2.57 | $28,741 | $111,377 | 5.1 years |
| 18 kW | $2.51 | $31,646 | $125,987 | 5.0 years |
| 20 kW | $2.46 | $34,398 | $140,750 | 4.9 years |
How to Save on Solar Panels
There are many companies to choose from in Yosemite Lakes, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Yosemite Lakes, CA Solar Cost FAQs
What is the average cost of installing solar panels in Yosemite Lakes?
The average cost of solar panels in Yosemite Lakes is about $13,650 for a 5-kW system and $27,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Yosemite Lakes?
A solar panel system isn't free in Yosemite Lakes, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase how much your home is worth?
Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.